ProShare Advisors LLC Has $117.19 Million Stock Position in FactSet Research Systems Inc. $FDS

ProShare Advisors LLC increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 6.7% in the third quarter, HoldingsChannel reports. The firm owned 409,052 shares of the business services provider’s stock after buying an additional 25,509 shares during the period. ProShare Advisors LLC’s holdings in FactSet Research Systems were worth $117,189,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. First Horizon Corp bought a new position in shares of FactSet Research Systems during the 3rd quarter worth approximately $25,000. Winnow Wealth LLC bought a new stake in FactSet Research Systems in the 3rd quarter valued at $28,000. Covestor Ltd lifted its holdings in FactSet Research Systems by 53.4% during the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 39 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in FactSet Research Systems by 4,300.0% during the second quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock worth $39,000 after purchasing an additional 86 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of FactSet Research Systems by 178.0% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 139 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 89 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 2.0%

Shares of FDS stock opened at $203.07 on Tuesday. The stock has a market cap of $7.53 billion, a P/E ratio of 12.92, a price-to-earnings-growth ratio of 1.90 and a beta of 0.73. FactSet Research Systems Inc. has a 1 year low of $201.50 and a 1 year high of $474.79. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $278.32 and a 200 day simple moving average of $306.23.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate of $4.36 by $0.15. The firm had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems declared that its board has approved a share repurchase program on Thursday, December 18th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the business services provider to buy up to 5.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 27th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, February 27th. FactSet Research Systems’s dividend payout ratio is presently 27.99%.

Insider Activity

In related news, Director Malcolm Frank sold 2,572 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $295.70, for a total transaction of $760,540.40. Following the sale, the director owned 879 shares in the company, valued at approximately $259,920.30. This trade represents a 74.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the transaction, the director owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. This represents a 71.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FDS. Wells Fargo & Company cut their target price on shares of FactSet Research Systems from $265.00 to $215.00 and set an “underweight” rating for the company in a research note on Wednesday, February 4th. Huber Research upgraded shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, December 19th. Wolfe Research restated an “underperform” rating and set a $290.00 price objective on shares of FactSet Research Systems in a report on Friday, November 14th. Raymond James Financial reiterated a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. Finally, The Goldman Sachs Group reduced their price target on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $308.83.

FactSet Research Systems Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.